Duplexes to Apartments

Income Properties for Sale in Newport Beach

In Newport Beach, income property means the beach: duplexes on the sand and the blocks behind it in West Newport, small buildings on the Balboa Peninsula, and duplexes on Newport Island.

Units steps from the beach command strong rents, especially in summer, and a duplex on the sand is one of the few ways to own oceanfront property that helps pay for itself.

Neighborhood guides: West Newport, Newport Island, Peninsula Point.

Market Snapshot

The Market for Income Properties in Newport Beach

22

For Sale Now

$4.12M

Median Asking Price

24

Sold, Last 12 Months

$3.22M

Median Sale Price

$1.25M

Median Sale Price per Unit

96.8%

Median Sale-to-List

Homes for sale from CRMLS as of ; sales are income properties in Newport Beach that closed in the last 12 months. Sale-to-list compares each sale price with the final asking price. A dash means fewer than three homes behind the figure.

For Sale Now

22 Income Properties for Sale in Newport Beach

Highest price first, updated from CRMLS throughout the day.

Homes are included when CRMLS lists them as residential income property: duplexes, triplexes, fourplexes and apartment buildings. Price per unit uses the listing's unit count. Listings provided by CRMLS. “Listed by” identifies the listing agent and brokerage; Kyle Shutts and Arbor Real Estate are the advertising broker unless otherwise noted. Information is deemed reliable but not guaranteed and should be independently verified. Inquiries are answered by Kyle Shutts, Arbor Real Estate.

What to Know Before You Buy in Newport Beach

  • Newport Beach requires permits for rentals shorter than 30 days; check the city's current rules.
  • Verify rents, including seasonal income, against leases and records.
  • Flood zone and insurance apply to many beach lots.
  • Inspect every unit and check permits.

Questions

Income Properties in Newport Beach FAQ

Where are income properties in Newport Beach?

In West Newport, on the Balboa Peninsula and on Newport Island, near the beach and the harbor.

How many income properties are for sale in Newport Beach right now?

22 properties are for sale, asking $2,799,950 to $16,995,000. 24 sold in the last 12 months, at a median price of $3,217,500. This page updates from CRMLS throughout the day.

Can I rent units for the summer?

Short-term rentals need a city permit; check the current rules for a specific property.

Kyle Shutts, Real Estate Professional

Meet Kyle

Kyle Shutts

Real Estate Professional

Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.

5.0

Google Rating

10+

Years Experience

1,000+

Transactions

$1B+

In Volume

More About Kyle →

Private Access

Searching in Newport Beach?

Some of the best homes on the coast sell privately. Tell Kyle what you are looking for, and he will reach out when one is coming to market.